How to Get Ethereum in Nigeria.
If you are reading this article, you are probably a Nigerian or a researcher thirsting to know how you can get Ethereum is done in Nigeria. Good news! You are in the right place, all you need to do is follow the provisions I will make available here.
To start, I believe I should give a brief description of what Ethereum is, and if you wish to know more about it you can check out some of our other articles, written basically on it.
What is Ethereum?
Ethereum is a cryptocurrency and a blockchain platform with smart contract functionality. It’s basically a decentralized platform for developers to build apps, and it was invented by Vitalik Buterin in 2013.
Ethereum can be used to secure and trade almost anything: financial exchanges, crowdfunding, contracts and agreements of the most kind, etc.
It is good to note here that Ether is the currency used to trade under the Ethereum platform. Most people use the term Ethereum to refer to the currency instead of Ether and that’s why it can get so confusing.
How to Get Ethereum in Nigeria.
The easiest way to buy Ethereum in Nigeria is through Coinbase. The bad news, however, is that Coinbase is not available in our country. Ethereum users in Nigeria have to buy bitcoin then convert the bitcoin to Ethereum. Read about how to convert it here.
You can buy bitcoin from luno, then convert it to Ethereum on C-CEX. All you need do is visit the C-CEX website, create a C-CEX account (if you don’t have one). Once you’ve created the account, check for your C-CEX bitcoin wallet address and send the bitcoin equivalent of Ethereum you want to buy. You can then transfer bitcoin to your C-CEX wallet from your other wallet loaded with bitcoin. The next step is to convert this bitcoin in your C-CEX wallet to Ethereum.
This is relatively simple. Follow the steps below to convert Bitcoin to Ethereum on C-CEX; visit the site.
Scroll down a bit and check for “Buy ETH for BTC”, enter the amount of Ethereum you want to buy. Click on Buy ETH. The ETH will be posted to your C-CEX Ethereum wallet, which means you have successfully purchased Ethereum.
You can also buy Ether in Nigeria using NGexchanger. They provide an exchange for cryptocurrency in Nigeria, one of which is Ether. You can purchase Ether from them online or go to their office at 20 Mbonu street, Dline, Port Harcourt to carry out your transaction.
Remitano is another means by which you can purchase the altcoin. They started their Ethereum trading in July 2017. When buying Ether on Remitano you don’t need an external Ethereum wallet, they have an Ethereum wallet integrated into your account once you open one.
Using Instant Gold Nigeria
You can also use InstantGoldNigeria, Instant Gold Nigeria is a digital currency exchange that is located in Nigeria. They have been around for about 10 years providing exchange service for digital currencies like OKpay, Neteller, Perfect money, etc.
They now also provide exchange services for cryptocurrencies like bitcoin, Ethereum and Litecoin. Instant Gold Nigeria has its office in Ikeja-Lagos Nigeria. Although they do not provide users with Ethereum wallet, however, when you buy Ether on this platform you are funded instantly.
Using Your BlockChain Wallet
This is a very easy way to convert your bitcoins to ethereum using your blockchain wallet. It works on the desktop version of the wallet. All you need to do is click on Exchange on the dashboard menu and click in the amount of bitcoins you want to convert. It is simple, seamless and secured.